PROSPECTUS THAI BEVERAGE PUBLIC COMPANY LIMITED ...

Part 2 Issuing Company Thai Beverage Public Company Limited11.2 Expenses11.2.1 Cost of Raw Materials, Direct Labor and Manufacturing OverheadRelated Parties Description of Business Nature of Relationship with ThaiBev Transaction Value (in millions of Baht) Details of the Transactions1. P.S. Recycle Co. Buying and selling usedmaterials, such as glassbottles, scrap papers andother wastes2. Thai BeverageCan Co.Manufacturing beveragecans and aluminumcoversYear EndedDecember 31, 2007Six-Month PeriodEndedJune 30, 2008• A brother of a director and majorshareholder of ThaiBev (Mr. CharoenSirivadhanabhakdi) has a control over thebusiness of P.S. Recycle Co. (7) 1,185.08 538.40 The main transactions areThai Beverage RecycleCo.’s purchases of glassbottles from P.S. RecycleCo. Prices charged wereconsistent with marketprices that Thai BeverageRecycle Co. purchasedfrom other non-relatedparties.• A director and major shareholder ofThaiBev (Mr. CharoenSirivadhanabhakdi) indirectly holdsmajor shares in Thai Beverage Can Co.• Some of the directors and/or shareholdersof ThaiBev (Mr. Narong Srisa-an andMr. Sithichai Chaikriangkrai) aredirectors of Thai Beverage Can Co.1,211.76 555.20 BeerThai Plc., BeerThipCo. and Cosmos Co.purchased aluminiumcans, to be used as beercontainers, from ThaiBeverage Can Co. Pricescharged were consistentwith market prices thatBeerThai Plc., BeerThipCo. and Cosmos Co.purchased from othernon-related parties.(7)Not a person who may have a conflict of interest with ThaiBev according to SEC’s definitionPart 2 Page 123